Jamie Dimon, chairman and chief govt officer of JPMorgan Chase & Co., throughout a Senate Banking, Housing, and City Affairs Committee listening to in Washington, D.C., US, on Thursday, Sept. 22, 2022.
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JPMorgan Chase CEO Jamie Dimon can be deposed in late Might over two days for civil lawsuits accusing the large financial institution of benefiting from intercourse trafficking by the late cash supervisor Jeffrey Epstein, a supply advised CNBC’s Eamon Javers on Wednesday.
Dimon’s questioning beneath oath will happen in New York, on Might 26 and 27, a Friday and Saturday, the supply stated.
An individual with information of Dimon’s deposition stated, “The scheduling is fluid and will change.”
The federal government of the U.S. Virgin Islands and one in all Epstein’s accusers are suing JPMorgan in U.S. District Courtroom in Manhattan. The financial institution has denied any wrongdoing.
Epstein was a buyer of JPMorgan for years. The financial institution solely minimize ties with him in 2013, 5 years after he pleaded responsible in Florida state courtroom to soliciting intercourse from an underage lady.
“Jamie Dimon knew in 2008 that his billionaire shopper was a intercourse trafficker,” an lawyer for the Virgin Islands stated at a courtroom listening to in March.
The financial institution has stated Dimon didn’t have information about Epstein that was related to the lawsuits.
Along with attorneys for the Virgin Islands and Epstein’s accuser, attorneys for Jes Staley, JPMorgan’s former funding banking chief, will get to query Dimon.
JPMorgan argues that Staley, not the financial institution, is legally liable for any civil legal responsibility associated to its dealings with Epstein.
On Wednesday, attorneys within the fits had been scheduled to depose William Langford, who beforehand served as a prime JPMorgan govt liable for anti-money laundering efforts, monetary crimes compliance and regulatory administration.
The Virgin Islands’ lawsuit claims that JPMorgan “facilitated and hid wire and money transactions that raised suspicion of — and had been in reality a part of — a legal enterprise whose forex was for the sexual servitude of dozens of ladies and women in and past the Virgin Islands.”
“Human trafficking was the [principal] enterprise of the accounts Epstein maintained at JP Morgan,” the swimsuit says.
Epstein killed himself in a Manhattan jail cell in 2019, a month after being arrested on federal youngster intercourse trafficking expenses.
He beforehand was a good friend of two former presidents, Donald Trump and Invoice Clinton, and Britain’s Prince Andrew, in addition to a slew of different wealthy and highly effective individuals.
Correction: A earlier headline cited a number of sources for the timing of Jamie Dimon’s anticipated deposition when there was just one supply. CNBC has since confirmed the timing with a number of sources.
